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If you’re running a crypto company, chances are you are looking for ways to make cryptocurrencies more accessible to your customers by ensuring seamless crypto trading, offering crypto debit cards, crypto card wallet, all under one platform.
Providing the above mentioned facilities can be tough for crypto currencies under the recent EU-wide MiCA regulation. Not just that, compliance and tech requirements can be intensive for most crypto companies looking to scale their business.
What Challenges Do Crypto Companies Face?
First, to scale, the companies must expand their offerings and features that encompass the current crypto ecosystem – such as a crypto debit card, crypto card wallet, and solid crypto banking infrastructure.
While the industry is growing, most applications still lack the basic regulatory standards to offer crypto banking services.
This brings us to the second challenge. Because most users don’t understand the risk aspect, they’re wary of cryptocurrencies – making it difficult for businesses to provide a secure technical infrastructure authorizing and executing transactions safely.
It’s imperative that crypto companies deliver a transparent solution so their customers trust their product offerings.
Third, and the most important – ensuring all the parties involved are compliant with regulations such as KYC, AML, CTF, and FATF’s Travel Rule. Not only is it a resource-heavy task, but the more companies are involved, the more complicated it gets.
In such cases, opting for a crypto-banking as a service platform that integrates risk management tools works best.
Making Crypto Practical And Easier To Adopt
One way to close the crypto gap and make it practical is through cards.
Crypto debit cards have allowed users to make direct payments with their crypto coins in the real world. Today it’s much easier to pay for everyday expenses with a physical crypto card than ever. What more, a crypto reward card program further incentivises crypto newbies and helps companies retain their customer base.
Design and Launch Your Crypto Debit Card Program
Instead of partnering with multiple providers and deciphering convoluted compliance documents, Striga’s all-in-one solution saves you precious time and resources so you can build and scale your product.
Striga has partnerships and integrations with issuing banks and card networks so you can launch branded virtual and physical cards for your end users in just four steps. All of this with simplified and open APIs that allow you to build and deploy within six weeks.
Not only that, but the integrations also include KYC and AML checks to help you verify customers’ identities seamlessly. And once your users are onboarded, the admin tools allow you to manage and control the card’s lifecycle the way you want.
Crypto Banking Service – Everything Under One Platform
One way to stay ahead of competition is to partner with the right payments and crypto compliance companies. Striga’s crypto banking platform allows you to explore crypto capabilities for your business without having to worry about regulations or complicated tech.
Namely through crypto card wallet and crypto exchange platforms so you can process fiat transactions with ease and give your customers better ways to spend their assets.
Working with Striga means you can delegate the complicated and resource-heavy tasks to an expert reviewed module as you focus on scaling your business without any stress.
Striga Crypto-native Banking as a Service:
Your path to building and launching financial products
Join the financial businesses that use Striga’s cloud platform to delight their customers and launch their own products without the complexities that come when dealing with core banking solutions’ relationships, licensing, compliance and payments methods.
